President Obama marks his 100th day in office tonight with his third primetime press conference since January. The President’s request for air time adds a strain not only to each network’s news resources, but also to their overall bottom line.
It’s no secret that the 8pm hour generates much-needed ad dollars for broadcast TV networks. In February, ABC, CBS, FOX, and NBC combined to average $21.5 million in revenue on Wednesdays from 8pm to 9pm ET. With that kind of money in play, networks are forced to balance their public service duties with financial obligations.
So …